The Gold Coast has hosted the Big Day Out for almost 20 years, and it's become an institution for loyal festivalgoers.

This month the festival will again come to town, boasting headline acts including Red Hot Chilli Peppers and The Killers.

But this may be the last year after confirmation the 2018 Commonwealth Games athletes village will be built at the Parklands venue.

Festival organisers are meeting with Queensland Tourism Minister Jann Stuckey this week to discuss alternative locations on the Gold Coast, but are also being contacted by other local councils keen to snag the event for their own towns.

The Tweed Shire Council is one of them.

Mayor Barry Longlands says he would like to see the festival move south of the border into northern New South Wales.

"The principal organiser, Adam Zammit, has said he will be in this area later this week and he's hoping to make time to come and talk to us," Cr Longlands says.- commas added

"We have got some locations in mind and we've certainly got the natural assets."

Mayor of Cairns Bob Manning has also expressed interest.

A spokeswoman for Cr Manning says he is keen to hold talks with organisers.